Monopsony antitrust

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Monopsony antitrust

Postby Jonathan » Wed Feb 28, 2018 2:43 pm

https://www.nytimes.com/2018/02/28/opin ... wages.html

The antitrust division screens mergers for antitrust violations, but its guidelines do not even mention that mergers can reduce labor-market competition.


I've been arguing for this for a while since I lost a lot of wages to no-poaching agreements then received a four figure settlement as compensation.
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Re: Monopsony antitrust

Postby Jonathan » Tue May 15, 2018 3:37 pm

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Re: Monopsony antitrust

Postby Jonathan » Tue Aug 28, 2018 6:25 pm

https://newrepublic.com/article/150938/ ... al-reserve

The Federal Reserve is having monopsony addressed in their public remarks.

The article ties patent law in there. I hadn't considered that before.
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Re: Monopsony antitrust

Postby Jonathan » Fri Sep 14, 2018 3:09 pm

http://gabriel-zucman.eu/usdina/

Only the top 5% have experienced average income growth year over year, since 1980.
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Re: Monopsony antitrust

Postby quantus » Mon Sep 17, 2018 5:11 pm

Without the government stepping in, or people creating/joining unions in massive numbers and not having the courts weaken them, I don't see this dynamic changing much. Citizens United has just been helping skew things further and it's a huge reason why the Supreme Court is such a big deal. People should've been more outraged over the behavior of the Senate in holding a seat open for a year to skew the court even more conservative and they should be outraged now at the obvious political moves being taken to just force another candidate through. I'm hoping that the current nomination falls apart, but I'm not naive enough to think that it actually will.

More systemically, I think this also goes back to people really not properly weighing what's in their best interest and just feeling that change for change's sake is good. Amplifying that minority voice is the electoral college and gerrymandering districts and voter disenfranchisement. Of course, it doesn't help that so many people don't vote either.
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